Knowing the difference between a 1099 vs W2 employee classification is key for filing taxes. Employees receive a W-2 and ...

There’s a new tax form coming your way for the 2025 tax year. Form 1099-DA will make filing your capital gains taxes on ...

In the U.S., many people file crypto taxes using 1099 forms. This guide covers the various 1099 forms you should know about.

Health insurance is a must to ensure you stay safe and healthy, but is the tax form that comes with it also a must?

How does the IRS define a crypto broker? The definition of the term “broker” includes individuals or entities that regularly ...

When businesses pay a nonemployee, such as a freelancer or independent contractor, $600 or more in a year, they must file Form 1099-NEC, which is filled out using the information on Form W-9.

Income at or above those thresholds would trigger a Form 1099-K, or report of payments you received for goods or services during the year. The law was supposed to go into effect in 2022 but was ...

The AICPA’s 2025 tax priorities include increasing the reporting threshold for Form 1099-K to $10,000 from the $600 that would go into effect next year, according to a letter Monday to congressional ...

Those guardrails don't exist with this proposal. They have been completely stripped away, and it's essentially a blank check for ICE." ...

Sixty votes were needed to overcome a filibuster. On Tuesday, House Republicans voted to hand a blank check over to a White House that is already stealing from our families and communities to fund ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation.

However, instead of using Code 2 in Box 7 of Form 1099-R, the issuer used Code 1, which means that no exception applies. This could lead the IRS to believe the amount reported on Form 1099-R is ...